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$165,000

1040 E Ramsey Ave, Fort Worth, TX, 76104

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths857 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.53 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Gas Range
FlooringHardwood, Wood

Exterior

Lot Size5,998 sqft

Building Information

Year Built1930
Stories1
Garage Spaces1

Land Information

APN36920-3-11
Lot Number11
SubdivisionRyan Southeast Addition
Land UseResidential
Legal DescriptionRYAN SOUTHEAST ADDITION BLOCK 3 LOT 11
Census Tract104505
Assessed Land Value$18,000
Assessed Improvement Value$60,601
Assessment Year2025

About this property

South Fort Worth Charmer! This 2BR 1BA is a true Fort Worth gem, and with some TLC could sparkle and shine like the diamond it once was. You will love the large front porch, perfect for sipping coffee in the mornings. This property has what seems to be the original hardwood floors, and some of the features that come in a craftsman style home including built in wall cubbies, and decorative door knobs. The home features large bedrooms, and a walk in cedar closet that connects the two bedrooms. The kitchen has newer cabinets, and a dishwasher. The roof was replaced in 2019, and the home is also equipped with a tankless water heater, and HVAC. The backyard is private and secure with a chain link fence, and a single carport. Agent will hold the property open for investors on Tuesday, December 10 from 9-11am. Home is occupied, so please reach out to listing agent for showings. Notice IS required, please do not disturb the owner.

Investor Tools

Property Icon
$165,000
Estimated Property Value
$126,750Estimated Mortgage Balance
$40,672Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$164/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$78,601
2025
$18,000
$60,601
$78,601
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$78,601

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kiavi Funding Inc
Commercial
$126,750
No
First
Apr 23, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$124,328
$40,672
24%
75%
$760/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$760/mo
+$696/mo
10.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Fort Worth

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1040 E Ramsey Ave | Property Details | No Agent List